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Blockchain Technology and Applications II (Hardcover)
Loot Price: R4,819
Discovery Miles 48 190
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Blockchain Technology and Applications II (Hardcover)
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The inevitable convergence of the Blockchain, AI and IoT (Veuger
2019) will be an impactful combination of security,
interconnectivity and autonomy to revolutionize the way processes
run. A combination of Blockchain, AI and IoT technologies that
affect the potential of how businesses, industries and even
economies operate will redefine them more than they do now. Some
applications and concepts have already seen an overlap between
these technologies with promising results. One example is the
combination of AI and Blockchain to manage Unmanned
Aerial/Air/Airborne Vehicle traffic, making mass autonomous flying
safer. This application alone will redefine the business of
aviation and logistics. The convergence of Blockchain, Ai and IoT
can enable organizations to maximize the benefits of each of these
technologies while minimizing the risks and constraints associated
with them. Since IoT networks include a large number of connected
devices, there are numerous vulnerabilities in the network that
make the network vulnerable to hacker attacks, fraud, and theft. To
prevent security problems, AI powered by machine learning can
proactively defend against malware and hacker attacks. Network and
data security can be further enhanced through a blockchain that can
minimize illegal access to and alteration of data on the network.
AI can also improve the functional capacity of the IoT network by
making it more autonomous and smarter. For example, a proven
convergence of Blockchain, AI and IoT is Fujitsu's algorithm to
measure employee heat stress levels. The algorithm continuously
monitors workers' physiological data (temperature, humidity,
activity levels, pulse rate, etc.) using portable In Vitro
Diagnostic Devices (IDA) and sensors to track the correlation
between various factors and workers' health. The analysis can help
the organization to improve working conditions and prevent health
problems of workers. Applying Blockchain to this system can help
maintain more personalized data by ensuring privacy or help pay
health insurance amounts through smart contracts. The expected
impact of the convergence of Blockchain, AI and IoT is not (yet)
foreseeable and existing applications are not (yet) perfect. Many
organizations, and especially early adopters, are high opinionated
about the value of cognitive technologies and therefore invest in
them. Findings of applications are now (still) at an early stage
and are not yet as advanced as is necessary to achieve real
transformation, as well as that business models also determine
this. The same can be said of the IoT and Blockchain. With
increased interest, investment and innovation, the convergence of
Blockchain, AI and IoT will become a reality.
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